1906-08-03 — Page 3

Daily Press 孖剌西報 All

HONGKONG AND SHANGHAI BANKING CORPORATION.

JB Amount of Net

The sightcond report of the Court of) Directors to the Orditury Half-Yearly Genaral Mesting of Shareholders to ba hold at the City ; Hall, Hongkong, on Saturday, the 18th August, is us follows:-

To the Proprietors of the Hongkong and Shanghai Banking Corporation.

GENTLEMEN,-The Directors have now tol subunit to you a General Statement of th affairs of the Bunk, and Balater Sheel for th half-year ending 3th June, 1906.

The net profits for that ported, incbring 31,639,777.0. balance brought forward from fast arcunni, sfter paying all charges, dedueting interest paid and due, and making provision for bad and doubtfai negrunte, ameant to NATUS, 1150 RA

The Dadors recommend the transfer of a7ool from the Predit and Loss Account lo credit of the Silver Reserve Fund, which Fund will then stand at Sp0250991_)

|

After making this. Transfer and dedacting Bonneration to Directors there remains for ; ppropristion 8301 1903, out of which the Directors recommend the payment, of a Divisionta of One Pound and Piteer Shillings per Share, į which at 4 will alsrt Serð Dan da

The di Serene in exchange katweyn. §. 6, the rat at when the Dividend is declared, and 21. The rate of the day, amounts to $65,1-451 The Balance 21,712,570,57 to be carsind in New Profit and Los Account.

DIRECTORS.

Prolls for the

six montha en. ding Oth June, 1906, after mak ing provision fa und

and

all

doubtful lebls. deducting Expenses and Interamt. puid 311 .. ....

Totui

་་་

2,095.8+2.63

STERLANG BESBRYK FUND.. Balance......

To Enlanro

SILVER IKSERVE FUNN

THE HONGKONG DAILY PRESS, FRIDAY, AUGUST 3rd, 1982

CHURCH DISCIPLINE.

ARE COLLECTIONS ILLEGAL?

The Church of England bas never formally condomped prayers for the dead, as distinguish- ad from their public nsa in her serv pes.

The spread of a belief that in the intermundi!

The port of the Royal Commission chate state the souls of the depurtes were subjected Eeclesiastical Disciplins was published on July to process of punishment and purification in purgatory, and, tlurefore, wars in pain, altered Zool.

the charunter f

prayer for the dead, and manda them to a large extent supplications for the delivery of the souls of the departed from suffering.

Tha nombera

Commission

All Soul-day is in no way recognised in the Hiri Trayer Book of Edward VI, or in any subsequent English Prayer Dook.

After doribing the rise of Huits of All Souls in the Church of Estland, the report |

t is not our duty to attempt to reconcila disarawals of Konn detrine with the nas of services and prayers which stat the deering in the very fertas which the Roman Church itself employs for the purporn of getting it forth.

The evidence which the Commissioners heard led then to two enactusion that the machinery for Church discipline has broken down, and that the law of public worship is too narrow for a which has a care for ceremoniat,: * $3,795.119.43eration

ase of lignity in worship, and an appreciation -83,797.115.43 of them continuity of the Church which were not felt similary whom the law took its present shape. Incid atally the Commissioners hint at the illegality of

of making ealla tins at mocuit or 0,50,50 evening prayer. There is una provision for hem in the rubrics, but the port charitably includes Tola] $1000. the practice intind law.

amcig the on-significant By Balance 31st December, 1946 $10,000,000 | broaches of

to the invested in Sterling Scuritius)

WAT Total. Semi Lord St. Aldwyn (Chairman), the Archbishop The services and prayers are, in our opinion,

of Caulesbury, the Muris of Northampton, Sugathe Bishop of food, the Bishop of Glozelerignificant of touching which is entirely incoa

sistent with the teaching of the Church of herd Alverstone. Sie Jon H, Kaunaway. My England.

G Talbot, Sir Simnel Hoare, Sir Edward Chrke Sir Lewis T. Ditalin, Mr. T. W. Drury, M., G. W. Pr thore, and Mr. di orgə Harwood. 'The following are the recononendations of the Commission :

1. The following pra-tious, as being plainly significant of tracking repugnant to the doctrine of the Church of England, and certainly illegal. elwald be promptly rule to coast by the newese of the anthority belonging to the bishops, und, if necessary, by proe-edlings in the ecclesiastical courts.

interpolation of the prayers and cure manies hetonging to the anon of the Mass.

The use of the words Bahold the Loab of God," accompanied by the exhibition of a con pucrated' water or roud.

Account

Total...

SIDEBANDONO

By Dance 31st December, 1965-80,5 da, By Transfer from Profit and Los

Tayo 200

3025000000

Total

THE UNITED ASBESTOS ORIENTAL

AGENCY, LTD.

The report fer presentation to the share bolders at the tenth ordinary annual meeting be held at the offices of Messre Dodwell & C. Qurer's Buildings, cu bursday next Plates. The Gavral Managers bava now the Mr. F. Sudbina, Mr F. Salinger anal tenure to lay before the Shareholders the Homable Me C. W. Dickson having resigned

ancompanying Blatement of Accounts for the their seats on having the Colony, Mr

year ended 31st May, 1906. Nasion, Mr. H. E Tourkins and the Honourable Mr. W. Gresent has been invited to till ti

scancies; the appola ments require cuntirma- tion at this meeting.

DM

ACCOUNTS,

1reation of the Sae ament under condi. tions which lead to its adoration.

Mast of the Pe-Sanatilled, Corpus Christi processions with the Shera- m ut

Beneiction with the Swerament. Glebration of the Holy Hurbanist with the intent that there shall be a communicant

The balsace at the credit of Profit and Los Aveniat after writing off $52.16 for de, recia, { except the rudebrant. tion and including Lat brought forward Mr. G. H. Modburst has been elected Pigottom last year, is $13672.11, which it Chairmat for the remainder of the year in

posed to appropriate as follows- places of the Hortando Mr. C. W. Diekson.

AUTONS.

Theronuts, have en audited by Mr. W. fintion Parts and Mr. A. Gi. Wuod. ABSTRACT OF ASSETS AND ARE UONG MONG AND BHANGHAI BANKING CORPORATION

San June 1986, AANITIES,

"Paid-up capital"

Sterling reserve Innd,

Sitter reserve fans

Marine insurance kecant

es in circuin ion

Author ised issue

against seche:- ties deposited with the growt agents for the Colonies

Addition

Itional is ve autherised by Hongkong Ordinance No. 10 of 1940),

against Cen Judged

with

The Hongkong Govertiment

Current accounts

Silvy,

Gold,

316 16.74

Fixed deposils

Silver Gall, Ch.290 S&E

10 M

436206,484,00

$68QBUONO.69

$ 10you

16varega neglin DATAGRI 200 250009

Tu place to Reserve Fund

To pay a dividend of 15 per eout.

Ordinary Shares

---

18

General Managers” “Re

---

To pay

muneration .... To pay a further dividend of al

per 1. nu Ordinary shares.... To pay $9.99 per share on

founders' & latres ...

1

carry Avernat

forward

tai

New

ACOTTON.

The recouRÊN HOW

Hynass, prayers, and devotions involving in- proveation of or confession to the Blessed Virgin

Mary or the Saints.

1920

-888.672.11

presputed have been audited by Mr. W. H. Polte, who, being odigilde, offers himself for re-election

Doowan & Co. Lid.”

General Managers, BALANCE SHEET, 31st May, 19096,

LIA MILITIES.

N ets

To capital 1440 ordinary S

shares of 8, of which

TOU founders' shares of $10

$4 per share paid.

fully paid

els

1,4

The observance of the Festivals of the Assumption of the Blessed Virgin Mary and of the Sacred Heart.

The yeu nation of images or vozila,

These practices have an exceptional charactor being marked by all the three fillowing characteristics

and They Are clearly inconsistent with sabversive of the tenebing of the Church of England as declared by the Articles al set forth in the Prayer Book.

Their illegality cannot with any reason held to depend upon judgments of the Judicial Committee of the Privy Council, or te be affected by any rien taken of the constitution character of that tribunal.

2. Letters of business should be issued to the Convocations with instructions to consider with a view to their ensetmeal by Parliament-

fnt The preparation of a new rubele regula ting resture of minister at the times of ministra tion.

(b) Such modifications in the existing law relating to Divine servicy and the ornament and fittings of enn rehs as may tend to secure the grester elasticity which a reasonable recognition of the Church of Eugland and its prescat need

seems to demand.

The following are interesting points from this repeet of the Comunitasina

The law relating to the enndart of Divine rervice and they masinats of cherches is, in Gur belief, nowhere exactly observed.

A non-sguificant roach The making | of a collection during morning or evening prayer, there being no-provisions for this ju the rubies Th practice is common

In tap rasts witness amitted condu-t thir part which, ja var opinion,” reus dered it wiling that their evidence should to another case the evidence he received. of a witness appeared, aut indeed was admitted, to bis inacene Eins may particulars that wo thought it right / disregard it, altogether.

}}} {{ incl

express our regret that sme of the wittees should hate thought it TEQUESTY to mples phrases likely to caus at necessary pain to them to whom their evdence referred, and, on the other hand, the of some of the mylies is much to be deprecated.

No ystematic attempt to enforce general conformity to the sabries has aver i Rinde except (in the rig of Elizabeth, after the advertisements were issued in 1896; (2) during to prinuey of Archbishop hand (163-1616) By in the period following the Restoration of 1650.

THE PASSING OF THE MANCHU.

Mr. G. . M. Play fair, of Focehow, has son the following interesting letter to the North=" China Daily News :----

Bir. Whoa on nation conquare another and appropriates its territory, there is usually one of three results. Either

(1) The conquerors romain paramount and the conquered die away, as has been the case with the Macris and Redskins: or

(11.) The conquerors are absorbed into the mass of the conquered and lesse thoir inilivid. pality, as happened to the invading Normans

England; or

Thor is a fourth cuse possible, viz., that the conquerors should assimilate the conquered, but of this history does not seem to supply

un instance

KODAKS AT HOME PRICES.

No. 3 FOLDING POCKET KODAK (433-1266) $38.00

4 CARTRIDGE

(£5-15.00) $60,00

LONG. HING

& CO..

No. 17, QUEEN'S ROAD.

HAVE YOU TRIED

J

66

BLATZ "-

THE STAR MILWAUKEE BEER:

AMERICA'S BEST.

PER CASK, to Dozen Pists

DOZEN Pisis

SOLE AGENTS:

H. PRICE &'CO..

THE ARMY.

MR, HALORNE'S SUTEME.

WINE MERCHANTS,

$27.00

وا

E, QUEEN'S ROAD CENTRAL,

3

THE

PIANO

Long telegrams, dated July 12th and Elth, ROBINSON to the Rangoon Gazette, gave the foll wing information:-

Mr. Haddeus's scheme relugos" the Army by men, but aims at increasing the Heleney bay at per cent, and trusts largely to the Militia al incat territorial fores under the now rganisation to sapport and expand a im- medintely available expeditionary army of

150,000 inen.

Ho

CO.. LTD.

MANUFACTURERS

AND

IMPORTERS

OF

HIGH-CLASS

proper complement of an immediately available PIANOS,

of

ORGANS,

AND

EVERY DESCRIPTION

OF.

MUSICAL

INSTRUMENT.

Mr. Haldane a July 12th introduced his Army choo in the Hese of Commons. thought Eaghad might take the lead in the r duction of seven battalions abroad and three at home, including two Guards battalions, while,

by nevertheless, roorganisation increasing the It Achtinge

efficiency of the Army fifty

per cont. is proposed to untrust the Militia with supply and transport work which the Regulars hitherto bove perforaud at extravagant cost. Sixty! Haro old batteries will be maintained as

expetitionary force of, roughly speaking, 150,000 mon. The remaining thirty-six batteries will be reduced to a minima footing fr training the Milia. but capable of lex- (III) The two races persist side by side, a pansion in war time into six-gun batteries, apports for the expeditionary force must by slistinct as oil and water of which the English in the parlier months of a campoign and the alives of Hindasts are an example.

from the Militia, which must be preince! to Berve over the sun. Financial considerations. considerable expansion

the Breclude Regulars sud Militin outside the expeditionary army. Thy mast, therefore, look to the Yeomanry and Volusters for this

It is proposed! expansion and for home defence.

Lord-1 to create county associations unde Lieutenants to administer and maintain the Loomaury and Vohulleers and to foster Rio

Cadet Chata and

encourage Corps recruiting, such saoristions to receive au auqua lamp sura from Government.

The folloring eight battalions will be! abolished: the third and fourth battalions of the Northumberland Furiliers, Warwickshire Regiment, Manchester Regiment and Laa- cashire Fusiliers.

Mr. Haldane aphasised the ueceunity of maintaining sufficient troips at home to ford

bo forces abroad declaring we were under a THE INDIAN STORES COMMITTEE.

ite present strength not merely to resist aggression, He considered

Replying to a letter from the Secretary but to maintain order in Ledia. it aportant to make the home organisation to the Stores Committee, Simin, containing of inquiry in conuertion with the supply of secord as early as possible with the "fudian in cane, which Heaven forbid, we over bare to not imported stures to Government Papa tants together on the frontier. He proposed to take whether any information can be furnished thres but liens from South Africa, two from proving that articles can be purchased in 1odia Malte, on from Gibraltar and one from Ceylon, at a prime that will buy a marble

Calentin Trudes Associating. Feels sure i would The terms of enlis out for the Infantry and patio with Eat of siens of a similar anality Cavalry will be seven years with the colours chased in Englm), the Secret us

Mr. Arnold Forstor sail it would be better be of advantage to the State if trail rs in India Number of

to make a new auxiliary arms before destroying were allowed the opportunity of tidering for Ranarien,

the Regulars, and it was impossible to make the the supply of imported stores for the use of

Governinant. 118

Firms would then be in- Stilitia a fighting force capable of reinforcing dured to embark their capital in holding 197

storks and would be in

The conquest of China by the Manchus pears to crine ander Class 11. For many years tho Manchu has been. for all practical indistinguishable from the 'hinese, purposes, 3. The law should be amended so as to give but de dominant race has striven to maintain This was atherity within prescribed limits to the

A distinction by artificial mesus. archbishops and bishops of both proviness seting the creation of e

privileged cher, who alon together for the sauction and regulation of

The were eligible for cortsia official posts. t special services and collects, and B9:403; additional

majority of apprintments throughout the 55182 for the forbidding of hymus and outbous not Empire were open to Chinese and Bannerman

of the Bible

alike, but a quaber could be 5 led by Benner 22,400 in accedunes with the teaching Prayer.

mes only. Such were ho Tartar Generals in To preht and los recount befines 13,672.11 and the Book of Common

1. Bishops should have the power to rise a

Dost of the provinces the Military Governers presentoe who has not satisfied the bishop of Lieutenant-Governors is Turkestan and The diocese of bis is given by the bishop. Imputy Lieutenant Generals of the Bouling

-to-chey-the law

Manchuris the "Lieutenant-Generals and

Te sundry creditors

To uiclamed dividends

3948018359

To reserve fund

Twit

Bills Payable including Dolls in London Bankers. Call Lous and Short Sight Dawings on Londen Office against Bills Keceliable und Bulon Shipments) Profit and LBS Account Liubly on Bits of Exchange, relisecunted, 13,136,877 882

Cash

H of which 23,921,300 vnd. 20. have since it off,

ASSETS

Coin loged with the Rong

kong Government against Note Circulation incess of S1000000

:.

Bullion in hand and in transit

Indian government ruger paper Goals, colonia and other

securities

10,149,35877S

ASSETH.

301,054,14

$

cts.

and

By launches Gladiator ̈ & Victor" *,935 and to submit to directions given porg-usatkon: the officials of the Mongolian obligation to maintain the Indian Army B1

satue of furniture and cts. hings as per last ac count

Hy since expended

104.875.17 By les written off...

200.00 252.3+

...

1,052.16 652.14

By ale of material on hand in Hongkong and Singapore..

By unexpired portion of insurance

jiring

$248,321,603.49

841,102,406.7

Hy sundry debtors

By ush with flankers

Sterling Reserve fund investuvats,

viz

EAWW2 percent.

mood at No... £1

of which 250,000 with the Bonk of Emplandus ar paciai Lanulin

Povej.

nation.

at ...

£325 10 vier størr

ling surities. written duru Lo

Toal...

الا الان

£5000040

Bills desrouter), lowes and

ewaits

Bills rereivable..

Hauk premises.

30th June, 19 ti.

8,500,000,

925 678.34 24057416

7,38.11.2

10,000,0000

$13.955,574.003

By each in hotels of general managers

To auditor's fon

To dep eciation for year ending 1st

May

40.00 3L020s

BITS

cts.

of

are

TEKSTVA

the

The comeditation of diocésati vincial courts to be a recommended by the

. On the other Eeclesiastical Courts Commission in 198 Supitendones, and

hand, Provincial Coromander-in-chief exrop that in appeals involving charges

in variably

the Chinese. Hosides of heresy or breach of vitust any question tion of the shore appointments for touching the doctrine or use of the Chuck England shall, if the final ecurt desires it, be privileged class, there was also a tewienes to give a referencn to Bansormen in activating referred to an assembly of the archbishops and

The higher provincial posts throughout the bishops of both provinces, and the option of

Empire. rity shall be binding on the court. maj the

Ecclesiastical courts should have power te

I append a table showing the number of the 4. clater cant the benefice of an incumbent whe higher posts in the provinces of China with the number of tanner-man incumbents at has wilfully disobeyed a sentence passed cu

sarious speels: -

7. The episcopal veto in respect of any suit under the Church Discipline Act of 1800 Mould be abolished, and the Pub Worship Regula tin Act of 1874 should be repealed.

A bishop should have power to order the removal of ornaments or fittings placed in a chret without a faulty, and to provide lo teir disposal after removal.

Year.

1870

1885

Number of Posts,

FR7

$46

251

18

1004 The ratio at these different dates r-maius

faicy constant; on an average of every niue officialk two belong to the dominant rue.

and five with the reserve.

the Army in time of war.

Sir Charles Dilke said he saw no economy!

OPPOSITE KING

TARD HOTEL,

HONGKONG

Hongkong, th faly, 1906.

(116

to this

position

in the scheme, and protested against gising to pot prices which would result is County Council control over the territorial large saving to fiver this it on the is tha my. It was curious, he said. that the tom now inear. There woull also be the suit ja forces it was proposed to redues had maintained advantages to the State that the Government would obtain their supplies fresh frostim to the highest traditions of the Army in war.

time. Balf ur said it was a waste of tint todeterioration and in the case of stores other would not incur the risk of English unfocare, rep-at-d handling

21.469 92,5 him.

118.79

801.6i 14 PROFT AND Less Account, 1ST MAY, 16, To trade exp thes, salaries, encamis

sions, launchworking, rent, adver- tising and travelling expenses... 3,30,23 10

The Manchu rulers have also tried to sugare 9. Episcopal and archidiaconal visitations and 42.16 rarat dians' inspicious shuidh employed 13.072.1 more effectively to keep the bishop informed the purity of their tane by forbidding inter with regard to the rouct of D.sine servies warriage For over two centuries and a half the struggle, but thera Lave $77,964,53 and the ornatavots in the churches, of his they baro kept of render to the inevi

been recantly signs

Онь the Decree of the Empress

decbring that intermarriages would Dowager, be permitted in future of this the engagement to the of the son of the Mancha, Tieh-Lang, to

of the Viceroy of Chibli, who is a OVERLAND TRADE WITH YUNNAN. mittee of the Association have given a great daughter

So the order of Houanese, was the outcome.

No doubt tsure

The experiment initiated by Sir Hugh Barnes, which they have so great an interest, and they

world have buen gind had an opportunity boo day is now amalgama, ion. will be some day Chinese families who will boast when Lieutenant-Governor of Burma, of of their stagant from this who came in the giving a rebate of eneous duties on goods adalet them of senasisg it with gour Com-

To Imlatey carried to new account

By bale from last account....

B. prom rales...

By Frutosfer fores.... By interest.

ཝཱ

DONNELL & Co., Lyd.,

General Managers,

BAIT THE FROCK COAT.

diocese. ets.

on

'anable to

now

tesin

discuss dreams which were porribly never com. ing into practical operation.

than

would

Mr. Haldone in ply said it was imposible would be avoided. To purchasi Indiu to please averybody, and be intended to ndbere not two-itale tenintaining the staff of the Stores Departmut of the Indis (fies and un burden on the State would thereby 1 hes letter procunde The Cum

to his schema."

be removed.

dea of thought to this matter, as it is one

in

of the cougarer of

of Wu Sam-KUGĀ, intended for export to Yannan has (says the mitte, ather experience considerable difficulty A other is the appointment of Chinese to posts Pioneer been singala ly snccessful A drolarin expressing all their views within the limit of

herts rigidly restricted to later en is made at Rangoon that the merchandise a written reply to your lutter.

to is intended for Teug-yneh and the drawosek is

XAS

The

1. A general Act should be passt pro- 521 41

mcliuery for the creation of 77,115,95 || viding

10 dioceses by Cider in Council.

bree points of ate.rbing interest to the members of the Church of England are dis. enssed in the report, and although the Cow missioners are vague on the subjet of the Athanasiau Grusel, Lavy offer a decided opinion that of confession, and are emphatic in their condemnation of prayers for the dead

There is one importaut breach of the law to which we refer separately, as we have ben LAT, ST & FORM IN MEN'S FASHIONA

iin any of the classes which Tang Sho-yi, when sent to Tibet and India The doom of the frackseat has been un- we have distingused the disc Borotin'e with Great Britain, was give 1 0,838,825 51 anuced for so many years that people hard or in part of the rubric which directs that the rank of Fu Tatung (Deputy Lient-Gen-r), season it has Creed of et. Athanasius shall be sung or said though he is a Cantoness, while Liu Yang. 1,379, 1986 Ppar to realise that this.

petually gone

Deputy Lieutenant-General of the Bauer The morning-cost is now the an persia feast days at Morning Prayer instead chong, 3 native of round, was last year made

of the apostles Creed.

indred a sigal Total

$266,324,0UBAG carrer thing

There has been no sudden startling effort Ws assumes that this subject would be organisation, which KEDIN GENERAL PROFIT AND LOSS

in the change. Dusing the [as two or three ipelled it the consideration of the law relating incursion into the most sacred preserves of

Bant VINÒA, HONORŪNŲ AND SHANGHAI BA KIA

seasons worsing-couts have been seen in the to the conduct of divine service proposed by as

These are

Tere slight signs, but like the PRPORATION,

West End in gdually increasing numbers, in Recommendation 2 until they bare, he common consint, come to After commenting on the increase in the Beauty trickle of water which shows there is a be recognised as the ealy possible cost for practice of hearing confessions, the report rift in the embankment of a reservoir they may

indicate a coming cataclysm, $15,000,00 | Fociety ey

The Baka of Marlborough and Mr. Bur-

Flit 10

"matter appears to full sufficiently within I deft-Chattar- have been, two of the un zoo our reference to make it undesirable that we

sistent

Cu arlher. nts

morning-rat should pass it over in silence. which, they have always worn, whether at a It would seem to be impossible to cancile pardeu party or a race mesting. There is a such systematic arrangements as have been great difference, however, in the sty' of their reforred to with the practically unanimous Tarments. The Bake wears a coat with the declaration of ons lundred biskops of the Church fa-hierable long roll car and a decided set forth in the Faesel cal Letter issued by the 695.424.841as!

waist, while Mr. Burdett Contis favours & largo, Lambeth Conference of 1878, that "ne minister of the Church is authorised to require from 750,000.00 | Zoumy cut without the waist,

The new morning.ceat is compromise be those who may resort to him to open their grief tween those two styles. It is ft braided, easy

way particular or detailed enumeration of all their 1,712,472,37,

fitting

in the chest and close fitting at the sins or to re Holy Communisu, or to ericin or privato confession previous to $3,795,119.84 waist, while the skirts are eut lorg and are receiving the Holy

The E. & A. str. Eastern, from Sydney, kn, sharply rounded away. The material ned is a even encourage the practice of habitual con.

fession to a priest, or to teach that such practice ft Monils on the morning of the 2nd inst. for soft black angola, rather rough in finish.

The new ecat is very popular with men who of habitual confession, or the being subject to this port

The H.A.L. str. Scandia, from Hamburg, It has no what has been termed the direction of a priest, are not so young as they used to kr. tendency to add age to the appearance of the is a condition of attaining to the highest spirit loft Singapore for this port in the 2nd inst., at 7 a... and may be expected here on or about the wearer is in the case of the frock-coat.

Iual life."

7th inst.

Dr.

To Aucounts Written off :----

Remuneration to Directors,

To Dividend Aconut-

per

£ 15

shore £1-0,00 at. 46

share ou 2000

To Dividend Adjustment Acronut:- Ditforene in Eachangs between 46, the mate at which the Divicon is declared, and 21; the rate of the dey

To Teasier to Siber Reserve

Fund.

To Balanes forward to nest

half-year.

Total

By Balance of Undi.

vided Profits 31st December, 1005, ...

...$1,699,777.40

Cr.

SH

2

LATEST STEAMER MOVEMENTS. The P.31. str. Chra will sail from Yokolumas the 3rd ind. for Hougk og vis Nagasaki and Mail, and is due here on the 15th inst.

The Indo-China sir. Suisung, from Laletta and the Straits, left. Singapore for this port ou the 1st inst.. 3 p.

The Indo-t hina str. Laitang loft Calcutta for this port via the Straits on the 31st July, and lo expected here on or about the 16th inst The Boston S.8. Co.'s str. Tremont sailed frum Kube on the 1st inst..

there

CHINESE LA BOUR IN MALAYA.

the the Irrawaddy after consigaments

daties afterwards gisen at mo. In this way

With regard to the employment of Chiusso have been lovied at Rangoon, for ther is every encouragement to traders to send large

that the rebate in assured and this trade with be stated that according to the Resident- profits labour in the Federated Malay Stares, it may their will be correspondingly larger. The Yunnar is growing slowly but stand by, and who Can-ral's last report to fund, the ident the light railway, now in coures of construction labour force connected directly an indireaily towards Teng yuh in finished there should be a with fin mining is put by Mr. Allworth at great expansion of both exports and imports. 300 a very rouilerate estimate when it is The improvement of the road was followed by considers that a census taken in Nocambar sta the appearance of more caravane as the Chines December last showed the number actually at and Shan trurlers were quick to appreciate the work in the wines to be 209,014. shortening of the route hero is very prospect is made up od

of the permanent trade between Barian and Contract labourers Yunnan becoming very valuable.

PENNY POSTAGE TO AMERICA.

On wages... On tribute

***

This number

$3,500 BVATE ... 114.952 This marks an increase, as compared with the number showa by the eaumeration of 1904, of The incense is distributed among 15,333 men.

is

Mr. Henniker featon, M.P., has received a all the States. The excess of Chinese mafe very large number of favourable answers support. Imigrants ever einigrants for the year under in his proposal for penny postage to America. review was only 14, as compared with 26.726 The deputation on the subject to the Cbaa- in 1904 and 50,9; ir 13. The output of tin calor of the Exchequer and the Postmaster for each labourer employed in mining General was to meet at the House of Commons calenlated to have been 409 picals of an on Joly 3rd, and Bir. Henniker Heaton was to estimated value of $31. against 4.41 piculs entertain the deputation to tea on the terrace velns $840 in 1901, and 4.50 picals value Sarts afterwards.

in 1903. As engine power and labour-saving Among those who were to be present was appliances were made use of tu a greater extent. Mr. Nicholas Longworth, President Roosevelt's in preceding years this result is not regarded

as satisfactory-Struik Times. son-in-law..

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